How to Find Opportunities in a Changing Luxury Real Estate Market

Estate of Mind — The Art of Selling Luxury Real Estate

The State of the Luxury Real Estate Market Heading into 2023:

Understanding the current state of the luxury market is absolutely key for being able to effectively work within that market. Taking things a step further, being able to convey what those changes mean and how they impact luxury buyers and sellers is truly what will set you apart as a real estate professional. Communication, therefore, is a critical component that should always be given attention.

Generally speaking, by focusing on opportunities currently presenting themselves, rather than fixating on the market changes themselves, you set yourself up for success. Being able to pivot is an invaluable skill set, and knowing when to pivot will help you establish yourself as the go-to luxury real estate professional in your respective market.

Topics Discussed During this Episode:

• Maneuvering through mixed media messaging that’s often incomplete
• How buyers in the luxury residential market approach transactions
• Why a positive mindset is so important for growing your referral network
• The importance of being subtle, yet engaging on social media
• Why it’s so important to encourage luxury sellers to jump into the market

Resources Mentioned During this Episode:

• Official Website - Parks Real Estate
• Official Website - Jack Miller
• REAL Marketing
• The Institute for Luxury Home Marketing